Charity Search / VETERANS INC
Community Improvement (S20Z) IRS Verified DX Registered 990 on File

VETERANS INC

EIN: 04-3098024 · WORCESTER, MA 01605-2600 · United States · FY 2023 Data
3 out of 5
CharityAI™ Score
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Mission Statement

Headquartered in Massachusetts, Veterans Inc. is the largest provider of support services to Veterans and their families in New England. Since 1990, we have helped more than 100,000 Veterans in need and today operate offices and programs in all six New England states.

Financial Overview — FY 2023
$23.5M
Total Revenue
$21.1M
Total Expenses
$19.9M
Net Assets
257
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 96.6%
Fundraising Efficiency 102.2%
Operating Reserve 11.35x
Liability-to-Asset 26.3%
Revenue Diversification 67.9%
Executive Compensation $832K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $23.5M $21.1M $19.9M 96.6% 257
2022 $21.8M $17.4M $17.3M 97.8% 248
2021 $18.4M $16.0M $12.8M 94.4% 173
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Organization Details
EIN
04-3098024
State
MA
City
WORCESTER
ZIP
01605-2600
Classification
S20Z
Category
Community Improvement
Rating
51★
Last Updated
Aug 2026
IRS Ruling Year
1990
Foundation Code
15
Form 990
On File
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